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Savings boost for GenX and GenY

MICHELLE BALTAZAR  |  MONDAY, 3 MAY 2010
The government's proposed reforms to compulsory super give financial planners more reason to look after their next generation of clients. The recommended SG lift from 9 per cent to 12 per cent by 2019/20 will, unfortunately, mean little for those who ...

Ord Minnett raises $600 million

MICHAEL HOBBS  |  MONDAY, 3 MAY 2010
... Minnett plans to grow its financial adviser numbers, which currently stands at around 170, by 10 per cent per annum in the next three years. Gunning said he is looking for financial advice experts in assisting high net worth clients, including self managed ...

Tech aids capital markets

PRESS RELEASE  |  MONDAY, 3 MAY 2010
... selling off huge amounts of stocks. While it will take time to implement those mechanisms, the firm predicts that within the next year banks and brokers will increasingly adopt advanced risk mitigation technology to protect themselves and the markets ...

Simple tax is too taxing

BENJAMIN ONG  |  MONDAY, 3 MAY 2010
... certainly are more pros than cons, the Rudd-Swan duet made sure of that. But these changes will only take effect after the next elections - if they're re-elected. So again, what's the big fuss over these? Yes, it's well and good to be prepared, particularly ...

Macq wealth mgmt post strong returns

RUTH LIEW  |  FRIDAY, 30 APR 2010
... Nicholas Moore, said that all of the company's operating businesses delivered improved results compared to 2008 and expect next year to be equally positive. "Subject to market conditions, we currently expect improved operating results for all of our ...

Managed accounts forum tackles key issues

RUTH LIEW  |  FRIDAY, 30 APR 2010
... SMA into practice and, sales and marketing strategies. The event is conducted in association with IMAP, and will be held next Tuesday at the Australian National Maritime Museum, Darling Harbour, Sydney.

Too much ado about Greece

BENJAMIN ONG  |  FRIDAY, 30 APR 2010
... cent increase in tobacco tax by Krudd and the Reserve Bank of Australia (RBA) poised to pull the interest rate trigger again next week. Oh well... at least there's the promise of a tax cut for us slaves and our masters. This is what Kev said in his speech ...

Contagion has already happened

BENJAMIN ONG  |  THURSDAY, 29 APR 2010
... credit ratings downgrade. Spain was in the firing line last night -- its ratings slashed to AA from AA+. Again, I ask who's next? So where's this fear of contagion that has dominated the headlines only yesterday? Shouldn't anxiety levels be higher now ...

Trust advocates long-term staff incentives

MICHELLE BALTAZAR  |  WEDNESDAY, 28 APR 2010
Listed financial services group Trust hopes to take its 125-year-old operations into the next century through a staff incentive program that is better aligned with long-term shareholder and client interests. Chief executive John Atkin said that starting ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 28 APR 2010
... would add pressure on to the RBA to lift the overnight cash rate by 25 basis points to 4.50 per cent when its board meets next Tuesday, May 4, Mr Gibbs said. "The underlying measures are certainly above what the RBA was forecasting in February," he said. ...